Insurance Identification Cards

CoverWallet has a team of advisors standing by to work through all of this overwhelming information with you. As a contractor in a very populated state like New York, it is imperative to your business and peace of mind that you have an excellent insurance package in place. Fill out a form online or give us a call to tell us about your company. Get a quote entirely online or speak with one of our insurance experts right away for help getting a quote, buying a policy, or answering any questions you may have.

The level of risk your company is exposed to is by far the biggest factor for how much you’ll pay. Anyone who deals with the public has a bigger risk than someone who works online in their basement. You must register your vehicle at the DMV within 180 days of the effective date on your insurance ID card. Bring one copy or form of your Insurance Identification Cards with you. Keep the other paper card with the vehicle as your proof of New York liability insurance

This type of insurance is required, no matter what size your staff is; even if it only consists of one W2 salaried person. You must also carry NY commercial auto insurance if you are using a vehicle to conduct any business affairs. Medical and DentalDiscover New York business insurance for medical and dental professionals. Medical malpractice insurance is a type of professional liability that protects health care professionals from liability causing in bodily injury, medical expenses and property damage. NY general liability insurance protects your business against property damage, advertising injury claims, personal injury claims, and bodily injury claims. Such claims could jeopardize the success and reputation of your business.

A change on the insurance policy to a name different from the name on your registration may cause a lapse in insurance coverage, and DMV may suspend your driver license and your vehicle registration. Your vehicle’s insurance and registration must always be in exactly the same name. You should always carry the paper or access to your digital electronic NY State Insurance ID Card in your vehicle. Failing to report a loss to your insurance company within the time limits specified in your policy. Permits that do not require project-specific general liability insurance will expire one year from the date the permit was issued or the day the general liability insurance policy expires, whichever is earlier. Business Owners, General Liability, Professional Liability and Workers’ Compensation policies are underwritten by insurers that are affiliated with Progressive and with unaffiliated insurers.

This coverage is not automatically included in a standard homeowner’s policy. What happens when a lawsuit filed against you brings in a verdict that exceeds the limits of your primary liability protection? It’s bad news for you, unless you have adequate limits of liability coverage. An umbrella policy kicks in only when the limit of the basic, underlying policy is reached. Buy an umbrella policy and you can dramatically extend your coverage for a relatively small additional cost. That’s your decision, and your answer should hinge on the total value of your assets.

Unfortunately, the chances of your company getting sued have increased dramatically in the last decade, and the costs of tort litigation are especially burdensome to small businesses. Chamber Institute for Legal Reform, “”The tort liability price tag for small businesses in America in 2008 was $105.4 billion.”” Even if you can get away without general liability insurance, you might have a difficult time getting clients without it. And general contractors usually require subcontractors to have it before they will consider working with them.

We’re a national commercial insurance agency appointed to represent more than 35 insurance carriers throughout the U.S. We return business insurance quotes quickly with more efficient technology, highly trained insurance Specialists and dedicated underwriters servicing our agency. If you use a vehicle for work, you need to have commercial auto insurance.

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